Property Description

Seize this rare opportunity to own a fully renovated duplex just steps from downtown San Luis Obispo. This fully renovated duplex generates $10,900 in monthly rental income, with tenants covering utilities. Each unit features three bedrooms, two bathrooms, and a dedicated office space, making this property an ideal investment with strong rental demand in a prime location. Located within walking distance of boutique shops, top-rated restaurants, vibrant nightlife, and Cal Poly, these units are highly desirable among local renters, ensuring a lucrative return on investment. Both units include separate gas and electric meters, laundry areas, forced air heating, and brand-new tankless water heaters. The well-designed layout includes two bedrooms and a full bath upstairs, while the lower level features an additional bedroom, office, bathroom, living room, and kitchen—offering flexible living arrangements. Step outside to a covered back deck with electric laundry hookups, leading to a private, fully fenced backyard with a brick patio and storage sheds, creating a perfect space for relaxing or entertaining. The property has undergone extensive, fully permitted renovations, ensuring modern comfort and long-term value. Updates include a new roof, new HVAC units, new ceiling fans, new ta

Features
: Other, Hills
: Tankless Water Heater
: Carpet, Vinyl
: Other
: Other
: Shingle, Composition
Address Map
CA
San Luis Obispo
San Luis Obispo
93401
1018 Islay Street
0
W121° 20' 34.6''
N35° 16' 39.2''
From the 101 - south on Santa Rosa, right on Islay
MLS Addon
Keller Williams Realty Central Coast
Jeff Landon
jeff@landmarkslo.com
CR90405079
CR94995785
: Other
: Public

Residential Income For Sale

1018 Islay Street, San Luis Obispo, California 93401

2,457 Sqft
$2,300,000
Listing ID #CRPI25042874
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : CRPI25042874
Price : $2,300,000
Square Footage : 2,457 Sqft
Year Built : 1900
Lot Area : 4,750 Sqft
Status : Active
Property SubType : Duplex
Agent info
Michael Roberts
Contact Agent